7. You and your partner purchased an apartment complex that cost $1,000,000 in...
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7. You and your partner purchased an apartment complex that cost $1,000,000 in June of 2010 . You were able to start renting units in July of 2010 . The complex was sold in December of 2019 for $750,000. What is the depreciation deduation for the first year? (a.) $19,700 b. $36,370 c. $16,670 d. None of these
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